Porsche to buy Volkswagen: 30 percent ownership of VW is just the start
Filed under: Autos | By: Peter Chubb
Posted on: September 3, 2007 | 1 Comment
As we know Porsche took a 30 percent share of ownership of VW in March, this has now set of a series of rumors that Porsche wish to buy full ownership of Volkswagen. You could not have two automakers with different ways in the automobile market, one is about building pure breed sports cars while the other build cars that look a lot like each other.
It is not known why Porsche wish to own VW, maybe it has something to do with them wanting to get hold of Volkswagen’s green technology as it seems that this is the way forward for cars. The thing is Porsche used to get free advertising in the way of huge Hollywood actors driving around in their sports cars, but now stars like Matt Damon, Leonardo Dicaprio and Cameron Diaz are driving around in green cars so Porsche it seems would like a piece of this.
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Hmmmmm but i am a little do not understand the new Porsche strategy, they are like launching the new parody models such as Porsche Cayene and some kind of portable radios with the mobile phones